Ellis Investment Partners LLC lowered its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 7.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,370 shares of the exchange traded fund’s stock after selling 1,318 shares during the quarter. Ellis Investment Partners LLC’s holdings in iShares TIPS Bond ETF were worth $1,851,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently bought and sold shares of the stock. Eastern Bank purchased a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth approximately $37,000. Strategic Investment Solutions Inc. IL grew its stake in iShares TIPS Bond ETF by 102.0% in the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 204 shares during the period. GPS Wealth Strategies Group LLC raised its holdings in iShares TIPS Bond ETF by 26.0% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 100 shares in the last quarter. Eagle Bay Advisors LLC purchased a new position in iShares TIPS Bond ETF during the fourth quarter valued at $96,000. Finally, Centaurus Financial Inc. bought a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter valued at $169,000.
iShares TIPS Bond ETF Price Performance
NYSEARCA:TIP opened at $108.61 on Friday. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The company has a market capitalization of $18.84 billion, a PE ratio of 11.86 and a beta of 0.09. The firm’s 50-day moving average price is $107.37 and its 200-day moving average price is $108.40.
iShares TIPS Bond ETF Profile
iShares TIPS Bond ETF (the Fund), formerly iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) (the Index).
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